2013/14 Recommended Budget - City of St. George

through an interlocal agreement with Washington County where the County pays
62% and the City pays 38%. The City and County split management responsibilities
and the County transfers funds to cover our costs over our participation level. We
also transfer funds to this category from the General Fund to cover our share of the
costs to own and operate this facility which generates significant sales tax revenue.
2013-2014 expenditures are projected to be $943,168.
Review of the Perpetual Care Fund:
This fund receives fees paid to help with the maintenance of the cemetery. The fees
are estimated at $88,500 for 2013-2014. It is proposed that $48,000 be transferred
to the General Fund from this account to help cover some of the general operating
expenses of the cemetery, and $100,000 for improvements at Tonaquint for a niche
wall to accommodate cremation remains (carryover from
2012-2013).
Review of the Recreation Bond Debt Service Fund:
This fund receives property tax revenue earmarked for
retiring of debt from the G.O. bond issuance for parks
and recreation projects already completed. Our debt
requirement from this fund is $1,413,200 for 2013-2014.
We plan to refinance these bonds in July if the market
stays favorable.
Review of the Airport Boarding Fee Fund:
This fund receives revenue from an airport passenger
facility charge at our airport. The recommended revenue
figure is $205,000 for 2013-2014. These funds can only
be used for certain projects at the airport. These funds
have been recommended to help with pavement sealing at the airport.
Review of the Dinosaur Track Preservation Fund:
Now that the Dinosaur Foundation is operating the museum the only expenses are
for maintenance and insurance at $2,000, leaving a fund balance of $57,000.
Review of Community Development Block Grant Funds:
This fund accounts for federal Community Development Block Grant funds that
come to the City because of our entitlement status. Available funds for 2013-2014
are reduced because of federal budget cuts and are estimated at $424,662. The
funds are very restricted and can only be used for projects that benefit low to
moderate income individuals. Projects include roll-overs from last year and new
ones for 2013-2014 and are: (1) $100,000 for the down payment assistance
program; (2) $229,730 for a homeless/shelter project; (3) $10,000 for the KONY
Kids program; and (4) $84,932 for CDBG administration.
Review of Self Insurance Fund:
This fund handles insurance premiums for various City insurance coverages. It also
9